AAPL volatility?

Discussion in 'Apple, Inc and Tech Industry' started by firewood, Feb 15, 2012.

  1. firewood macrumors 604

    Joined:
    Jul 29, 2003
    Location:
    Silicon Valley
    #1
    The trading range for today seems to be from 402 to 426, with big swings in both directions. Have there been days with a 20+ pt zig-zags before?
     
  2. rdowns macrumors Penryn

    rdowns

    Joined:
    Jul 11, 2003
    #2
    Already discussing AAPL here.

    http://forums.macrumors.com/showthread.php?t=1323360


    Yes, AAPL can be volatile. Focus on the percentage gain or loss and not the share price.

    I think today's volatility can be traced to Cook's remarks yesterday and the iPad being removed from Amazon China today, at Apple's request. Initial reports didn't say Apple requested it.
     
  3. h00ligan macrumors 68030

    Joined:
    Apr 10, 2003
    Location:
    A hot desert
    #3
    I think there is the analyst push to 'be right'.

    There are some popular websites suggesting holding longer is stupid...and people believe them. Coupled with china news and an intrinsic fear resulting from very fast gains, we are seeing uncertainty.

    That said, we may see a small pull back...but to me, in a year it's going to be higher than today.
     
  4. Consultant macrumors G5

    Consultant

    Joined:
    Jun 27, 2007
    #4
    Not sure where you are looking, but today's Apple range is
    $496.89 to $526.29 USD
     

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